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via cnbc.comMarkets

Oil rises as investors weigh renewed U.S.-Iran conflict risks

FROM THE WIRE · CNBC.COM

Oil prices rose Friday as investors weighed the risk of renewed military escalation between the U.S. and Iran following the midterm elections, alongside prospects for a diplomatic breakthrough. Rapidan Energy Group President Bob McNally told CNBC's "Squawk Box Asia" that he sees…

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishRisk of renewed military escalation in the Gulf can push oil prices higher.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Oil prices rose Friday.
  2. 02Investors weigh the risk of renewed U.S.-Iran military conflict.
  3. 03One analyst puts the probability of fighting resuming at 80%.

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